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Altai set to revive drilling activities.

Asia Africa Intelligence Wire

| September 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Philippine Daily Inquirer)

Byline: Christine A. Gaylican

THE DEPARTMENT of Environment and Natural Resources has allowed Altai Mining Corp. to resume its mining exploration activities in Negros Oriental, which will involve P26 million in new investment.

The DENR-Mines and Geosciences Bureau said Altai Mining, through project exploration contractor Crew Minerals Philippines Inc., could now resume its exploration activities in the towns of Tanjay, Amlan, Pamplona and Sibulan, Negros, Oriental for possible sulfur deposits.

Altai Mining is under an Option Agreement with Crew Minerals, a Canadian firm. This means Crew Mining can go into mining production if the project site would prove to have significant mine reserves.

According to Mines supervising science research specialist Levy S. Teodoro, Crew Minerals is allowed to explore some 3,737 hectares owned by ...

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